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Australian (ASX) Professional Services Industry Analysis

UpdatedNov 20, 2024
DataAggregated Company Financials
Companies23
  • 7D3.9%
  • 3M3.5%
  • 1Y20.9%
  • YTD16.1%

Over the last 7 days, the Professional Services industry has risen 3.9%, driven by gains from Computershare of 5.4%. In the last 12 months, the industry was up 21%. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

Has the Australian Professional Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024AU$30.7bAU$11.1bAU$974.3m20.8x31.6x2.8x
Sat, 19 Oct 2024AU$27.7bAU$10.8bAU$956.2m21x28.9x2.6x
Mon, 16 Sep 2024AU$30.6bAU$13.1bAU$736.4m21.2x41.5x2.3x
Wed, 14 Aug 2024AU$30.2bAU$13.5bAU$1.0b17.8x29.7x2.2x
Fri, 12 Jul 2024AU$29.9bAU$13.4bAU$990.0m19.4x30.2x2.2x
Sun, 09 Jun 2024AU$29.5bAU$13.4bAU$1.0b19.7x29.2x2.2x
Tue, 07 May 2024AU$29.2bAU$14.4bAU$1.4b18.6x20.5x2x
Thu, 04 Apr 2024AU$29.9bAU$14.4bAU$1.4b20.2x20.8x2.1x
Sat, 02 Mar 2024AU$29.4bAU$14.4bAU$1.4b20.7x20.4x2x
Mon, 29 Jan 2024AU$28.3bAU$13.8bAU$1.2b20.1x23.4x2.1x
Wed, 27 Dec 2023AU$27.7bAU$13.6bAU$1.2b18.8x23.1x2x
Fri, 24 Nov 2023AU$26.7bAU$13.8bAU$1.2b19x21.9x1.9x
Sun, 22 Oct 2023AU$28.3bAU$13.9bAU$1.3b17.9x22.6x2x
Tue, 19 Sep 2023AU$28.8bAU$13.8bAU$1.2b18.5x23.3x2.1x
Thu, 17 Aug 2023AU$27.8bAU$13.0bAU$684.2m18.8x40.6x2.1x
Sat, 15 Jul 2023AU$28.1bAU$12.7bAU$650.5m17.1x43.2x2.2x
Mon, 12 Jun 2023AU$27.2bAU$12.8bAU$659.9m16.4x41.3x2.1x
Wed, 10 May 2023AU$27.3bAU$12.8bAU$646.8m16.6x42.2x2.1x
Fri, 07 Apr 2023AU$27.1bAU$12.8bAU$651.6m16.8x41.6x2.1x
Sun, 05 Mar 2023AU$13.2bAU$7.3bAU$581.1m17.1x22.8x1.8x
Tue, 31 Jan 2023AU$13.8bAU$6.7bAU$490.0m20.1x28.2x2.1x
Thu, 29 Dec 2022AU$13.0bAU$6.7bAU$489.8m19.7x26.5x2x
Sat, 26 Nov 2022AU$13.6bAU$6.7bAU$490.0m19x27.8x2x
Mon, 24 Oct 2022AU$13.4bAU$6.5bAU$416.6m19.1x32.1x2.1x
Wed, 21 Sep 2022AU$13.6bAU$6.5bAU$417.3m20.4x32.6x2.1x
Fri, 19 Aug 2022AU$14.7bAU$5.9bAU$317.9m30.5x46.1x2.5x
Sun, 17 Jul 2022AU$12.7bAU$5.9bAU$318.1m25.8x39.9x2.1x
Tue, 14 Jun 2022AU$13.4bAU$5.9bAU$318.1m30.6x42x2.3x
Thu, 12 May 2022AU$14.0bAU$5.8bAU$305.9m31.6x45.8x2.4x
Sat, 09 Apr 2022AU$14.5bAU$5.8bAU$307.4m32.9x47.3x2.5x
Mon, 07 Mar 2022AU$14.4bAU$8.0bAU$302.9m34.9x47.5x1.8x
Wed, 02 Feb 2022AU$12.0bAU$4.6bAU$325.2m20.8x36.9x2.6x
Fri, 31 Dec 2021AU$13.0bAU$4.6bAU$324.8m21.2x40.1x2.8x
Sun, 28 Nov 2021AU$12.2bAU$4.6bAU$324.2m19.9x37.5x2.7x
Price to Earnings Ratio

37.5x


Total Market Cap: AU$12.2bTotal Earnings: AU$324.2mTotal Revenue: AU$4.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Professional Services Industry Price to Earnings3Y Average 33x202220232024
Current Industry PE
  • Investors are relatively neutral on the Australian Professional Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 33.0x.
  • The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Professional Services industry have grown 44% per year over the last three years.
  • Revenues for these companies have grown 34% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Australian Industrials industry?

AU Market1.37%
Industrials1.65%
Professional Services3.93%
Research and Consulting Services2.04%
HR Services-0.93%
Industry PE
  • Investors are most optimistic about the Research and Consulting Services industry which is trading above its 3-year average PE ratio of 55.3x.
    • Analysts are expecting annual earnings growth of 31.9%, which is higher than its past year's earnings decline of 46.5% per year.
  • Investors are most pessimistic about the HR Services industry, which is trading below its 3-year average of 22.7x.
Forecasted Growth
  • Analysts are most optimistic on the Research and Consulting Services industry, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings decline of 46% per year.
  • In contrast, the HR Services industry is expected to see its earnings grow by 7.5% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CPU ComputershareAU$30.775.4%
+AU$920.6m
32.3%PE23.8x
ALQ ALSAU$15.333.9%
+AU$281.0m
25.5%PE1198x
KPG Kelly Partners Group HoldingsAU$9.308.8%
+AU$33.7m
109.0%PE126x
MMS McMillan ShakespeareAU$15.071.0%
+AU$10.4m
-13.4%PE11.7x
AMX AerometrexAU$0.3212.3%
+AU$3.3m
20.8%PS1.2x
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Latest News

ALQ

AU$15.33

ALS

7D

3.9%

1Y

25.5%

SOP

AU$0.066

Synertec

7D

-7.0%

1Y

-61.2%

KPG

AU$9.30

Kelly Partners Group Holdings

7D

8.8%

1Y

109.0%

ASH

AU$0.19

Ashley Services Group

7D

-2.6%

1Y

-51.3%

FLN

AU$0.17

Freelancer

7D

-2.9%

1Y

-27.7%

AMX

AU$0.32

Aerometrex

7D

12.3%

1Y

20.8%

AFL

AU$0.14

AF Legal Group

7D

7.4%

1Y

-23.7%

C79

AU$5.09

Chrysos

7D

-3.4%

1Y

-31.8%

HIT

AU$1.95

HiTech Group Australia

7D

2.4%

1Y

-1.8%

IPH

AU$5.11

IPH

7D

-3.0%

1Y

-24.7%

CPU

AU$30.77

Computershare

7D

5.4%

1Y

32.3%

RTH

AU$1.17

RAS Technology Holdings

7D

-7.5%

1Y

26.5%

PPE

AU$0.81

Peoplein

7D

1.2%

1Y

-41.8%

SIQ

AU$7.80

Smartgroup

7D

-2.9%

1Y

-7.7%